MCL - 354-1996-6

SAVINGS BANK ACT (EXCERPT)
Act 354 of 1996
Chapter 6
RECEIVERSHIPS AND CONSERVATORSHIPS
Document Type Description
Section 487.3601 Section Receiver; appointment.
Section 487.3602 Section Receiver; powers; report to commissioner.
Section 487.3603 Section Procedures for liquidation; limitation.
Section 487.3604 Section Rights of depositors and creditors of closed savings bank.
Section 487.3605 Section Conservator; appointment; powers; duties.
Section 487.3606 Section Affairs of savings bank turned back to board of directors; notice.
Section 487.3607 Section Orders or declaratory rulings as to receivers and conservators; compensation and expenses to reimburse bureau.
Section 487.3608 Section Reorganization of savings bank.